Benchmark Business Group

Commercial Kitchen Equipment Cleaning Business

Benchmark Business Group specializes in the confidential sale and purchase of successful businesses. Our experienced team, proven systems, strong buyer and lender relationships, and expertise in presenting financially sound deals to qualified buyers result in satisfied buyers and sellers.  Below is a list of businesses we have listed for sale in Iowa and surrounding areas.

Listing ID: 2891R
Industry: Food & Beverage: Suppliers, Vending,Services: Cleaning, Janitorial

Quick Facts:

Listing Price:

$460,500

EBITDA:

$0

Real Estate:

$172,500

Gross Revenue:

$426,039

FF&E:

$58,700

Established:

2012

Cash Flow:

$92,912

Inventory:

N/A

Employess (FTE):

4.00

Description:

This commercial kitchen equipment cleaning business for sale in Eastern Iowa services more than 600 customers including restaurants, schools, fast-food chains, convenience stores, and more. Nearly all of the revenue in this business is recurring, as these customers require kitchen cleaning services on a regular basis. The business provides all the required documentation to customers for submission to insurance companies and for display to inspectors. Employees of this business are well-trained and technicians are certified to industry standards. The business has a strong brand reputation for reliability, compliance, and customer service throughout its large market area.

Detailed Information:

Broker:

Brad Dostal

Location:

Midwest

Facilities:

This business operates out of a 2,400 square foot space with a small office and 2 bays with overhead doors that can fit four vehicles. The building has additional bays that could be purchased if the business continues to grow.

NAICS:

561499

Inventory included?:

Yes

Reason for selling:

Owner will be relocating to another state.

Market opportunities:

There is significant growth opportunity for this business since there are thousands of commercial kitchens in the area and limited competition. Additionally, many of the metro areas in Iowa are implementing stricter code compliance and increasing the equipment cleaning frequency requirements.

Able to relocate?:

Yes

Real estate included?:

Yes

Real estate owned by seller?:

Yes

Real Estate leased from third party?:

No

Real estate available for buyer to purchase?:

Yes

Seller financing available?:

N/D

Training provided by seller?:

Yes

Franchise ?:

N/D

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Real Estate Brokerage:

Next Generation Realty
2011 NW 100th Street
Clive, IA 50325
Telephone: 515-224-9900
Fax: 515-224-0858

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